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Market Cap:
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Bitcoin Bitcoin Share: 54.29%
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Bitcoinist
2023-03-03 14:30:00

Binance USD (BUSD) Market Cap Plummets, Here’s Why

Binance USD (BUSD) Market Cap Plummets, Here’s Why

BUSD stablecoin recorded some setbacks after the US SEC’s recent enforcement action on its issuer, Paxos. Aside from a plunge in trading volume, BUSD’s market capitalization has also plummeted significantly. Recent data shows that BUSD’s market capitalization has met a steep downturn, going from its $23.49 billion all-time high on November 15, 2022, to below

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